by Hans Nicholas Jong on 20 October 2022
At a cost of $37 billion, Indonesia could retire its coal power plants as early as 2040 and reap economic, social and environmental benefits from the shift, a new analysis by nonprofit TransitionZero shows.
Replacing coal with renewables will create a windfall of new jobs, which would outweigh coal closure job losses by six to one, according to the analysis.
The analysis has also identified three coal plants in Indonesia that are the most suitable for early retirement, as they have lower abatement costs and are the most polluting.
JAKARTA — Indonesia’s plan to retire its coal-fired power plants and replace them with renewable energy by 2050 is not only feasible, but, when environmental costs are considered, will be less costly than relying on coal to power the Indonesian economy, according to a new analysis.
Indonesia is often dubbed as the last bastion for coal, as its power sector remains heavily reliant on the fossil fuel — about 70% of its generated electricity came from coal in 2021. Indonesia is also the world’s biggest thermal coal exporter.
Tiếp tục đọc “Early retirement for Indonesian coal plants could cut CO2, boost jobs, analysis says”
Solar energy in Vietnam has grown rapidly since 2018, supported by Chinese finance and technology (Image: Alamy)
A coal power plant in Vietnam’s northern province of Thai Binh in 2019. photo by VnExpress/Gia Chinh.
Workers fix electric cables in District 1, Ho Chi Minh City. Photo by VnExpress/Thanh Nguyen.Vietnam Electricity, the country’ sole power distributor, has signed up three contractors for building a 1,200-MW thermal power plant at a construction cost of $1.3 billion.
CVD 
